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Today the Trump Administration announced the selection of Makan Delrahim, currently Deputy Counsel to President Trump for Nominations and Oversight, to be the next Assistant Attorney Gene...
On January 23, Governor Cuomo introduced proposed legislation to the New York State Legislature implementing his 2017-2018 budget proposal. One proposal (contained in the Revenue Article...
Davis Polk has submitted a comment letter on the SEC’s implementation of the pay ratio rule. We previously summarized the final rule here.
Our comment letter focuses on implementation c...
SEC Chair nominee Jay Clayton’s March 23rd hearing before the Senate Banking Committee covered much of the expected ground. In a series of responses designed to avoid controversy, Clayt...
On March 22, the SEC approved a rule amendment to shorten the standard settlement cycle for most broker-dealer securities transactions to two business days after the trade date (T+2) from...
The House Financial Services Committee’s Subcommittee on Oversight and Investigations on Tuesday held a hearing to explore the constitutional design of the CFPB. At the hearing, three ...
A group of senators have written to SEC Acting Chair Piwowar opposing any delay in the implementation of the pay ratio rules. The senators are “extremely troubled” by Commissioner Piw...
As the second quarter of 2017 comes to a close, we have updated our brief deck summarizing the leadership and staffing changes among federal financial regulators, including announced nom...
A group of investor organizations sent a letter to Gary Cohn, the Director of the National Economic Council, disputing the Business Roundtable’s assertion that the shareholder proposal ...
The OCC’s fintech charter proposal is generating a lot of political and media sound and fury. Comptroller Curry’s speech in strong defense of the fintech charter was followed by a let...